Luka Koper d.d. (LKPG) Q1 2026 earnings summary

Executive summary

• Net sales reached EUR 100.4 million, up 11% year-over-year and 7% above plan, driven by higher container throughput and storage fees despite geopolitical instability in the Middle East.

• EBIT rose to EUR 29.7 million, 23% higher year-over-year and 55% above plan, with net profit at EUR 24.9 million, up 25% year-over-year and 51% above plan.

• Container throughput increased 9% year-over-year, while car throughput declined 11% due to reduced exports to Turkey, Israel, and the Middle East.

• Investments totaled EUR 38.6 million, up 72% year-over-year but 29% below plan due to timing of equipment purchases.

Financial highlights

• Net sales: EUR 100.4 million (+11% YoY, +7% vs. plan).

• EBIT: EUR 29.7 million (+23% YoY, +55% vs. plan).

• EBITDA: EUR 37.6 million (+18% YoY, +37% vs. plan).

• Net profit: EUR 24.9 million (+25% YoY, +51% vs. plan).

• Maritime throughput: 5.5 million tons (-2% YoY, -3% vs. plan).

• Container throughput: 326,256 TEU (+9% YoY, +8% vs. plan).

• Car throughput: 184,564 units (-11% YoY, -14% vs. plan).

Outlook and guidance

• Strategic plan targets 26 million tons total throughput, 1.4 million TEU containers, and 1.1 million vehicles by 2028.

• Planned investments of EUR 785 million over five years to expand capacity and support digital transformation.

• Focus on sustainability, aiming to reduce carbon footprint by 12.9% by 2028.